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Principles of reshoring development in luxury goods sector

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  • Młody Michał

    (Department of Strategic Management, Poznań University of Economics and Business, Poznań, Poland.)

  • Stępień Beata

    (Department of International Management, Poznań University of Economics and Business, Poznań, Poland.)

Abstract

This article analyzes the grounds and possibility to induce and develop reshoring activities in the luxury goods sector. The premise of this analysis is the contemporary redefinition of the luxury goods sector, which relates to the increasing volume of goods marketed as luxuries. In this paper, we examine whether reshoring can develop in a similar manner on the respective tiers of the luxury ladder in the luxury fashion, automotive, and jewelry industries. Both premises and examples of reshoring in the luxury goods sector are conceptually analyzed and empirically illustrated.

Suggested Citation

  • Młody Michał & Stępień Beata, 2020. "Principles of reshoring development in luxury goods sector," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 56(2), pages 140-158, June.
    • Handle: RePEc:vrs:ijomae:v:56:y:2020:i:2:p:140-158:n:4
    DOI: 10.2478/ijme-2020-0011
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    More about this item

    Keywords

    reshoring; back-reshoring; near-reshoring; luxury goods sector; luxury supply chains; country of origin; luxury pyramid;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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